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01 January 2026
Author: Mr Asif S Kasbati (FCA, FCMA & LLB)
Dear Learned Recipient
590+ Taxes & Levies (including FED, GIDC, Budgets, IMF, ORS/BS 19+ FST cum Customs Duty but excluding those which are exclusively about Customs Duty)
1. FBR faces over Rs300 billion shortfall in revenue collection in 1HFY26-PK
2. FBR to scrutinise tax records of nearly 500 top exporters-BR
3. FBR reviews G-B tax exemption-ET
4. FBR cracks down on exporters after sharp drop in declared income-PK
5. FBR faces Rs336bn revenue shortfall in first half of current fiscal-TNS
6. Tax-exempt goods meant for G-B: FBR introduces safeguards to prevent misuse-BR
7. Taxpayer Registration: An Essential Step for Tax Year 2026-PK
8. Know About Audit Powers of FBR Commissioner in Tax Year 2026-PK
9. Collection falls short by Rs331bn in July-December-DD
10. FBR misses tax target by Rs330b-ET
11. Islamabad M-tag deadline extended fifteen days-DTS
12. IMF orthodoxy institutionalizing Pakistan’s economic decline-BR
Economy & Inflation matters (including Import, Export & CPEC)
1. Major economic indicators performed well before floods-TN
2. Economy projected to maintain positive momentum in coming months: Govt-TN
3. Aurangzeb projects over 4% growth as economic reforms boost confidence-TN
4. Pakistan sees economy sustaining momentum-TNS
5. LCCI calls for fair taxation to support sustainable economic growth-TNS
6. Experts warn rapid population growth straining Pakistan’s resources-TN
7. PTCL spreads its wings: A new chapter for Pakistan’s digital future-TN
8. EBM leads day 5 at Young Leaders Conference 2025-TN
9. SAPM chairs meeting on local manufacturing of vaccines-TN
10. Trade fair spurs BRI cooperation-TNS
11. Early sowing, adequate stocks keep wheat outlook firm-TNS
12. Minister says Pakistan plans up to four new deep-sea ports with focus on environment-TNS
13. PCJCCI sees AI as game changer for construction efficiency, sustainability-TNS
14. 2025 battered businesses despite macro stability, says BMG chief-TNS
15. FPCCI, ICCD will organise STF & Expo from Jan 22 in Karachi-BR
16. FPCCI, Afghan Chamber hold a virtual meeting-BR
17. PIDE seminar: ‘Fisheries & aquaculture sector has potential to generate USD10bn per year’-BR
18. PM launches economic governance reforms-DD
19. Rs336bn shortfall: Jul-Dec tax collection totals Rs6.154trn-BR
20. ‘Macroeconomic stability masks challenges facing businesses and industry’-BR
21. Misgovernance & low growth-DD
22. PM Shehbaz launches economic governance reforms, declares stability achieved-PK
23. PM rolls out governance reforms under IMF lens-ET
24. Dhaka handshake chips at the freeze-ET
25. New seaports planned to boost economy-ET
26. Wheat sowing in full swing-ET
27. Majority of Pakistanis optimistic about 2026 growth-DTS
28. KMC plans to conduct fresh survey of katchi abadis-BR
29. Women in Pakistan: A year of resistance, reform, and renewed demands for equality-TN
30. Ministry launches quality education roadmap amid skepticism-TNS
31. FD outlook: Inflation may stay moderate at 5.5-6.5% in Dec-BR
36+ Customs Duty (including PSW)
1. 30.5 MT of smuggled betel nuts seized-BR
2. Gadani Customs seizes smuggled betel nuts worth Rs252.2 million-PK
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP unveils ‘financial inclusion index-BR
2. Bank of Punjab launches Pakistan Skills Impact Bond to boost youth employment-PK
3. Bank holiday-DD
4. Financial inclusion stands at 58.1pc in Pakistan-DD
5. Pakistan’s financial inclusion level stands at 58.1 in 2024-TNS
6. LOLC Group ushers in a new era of Shariah-compliant banking-TN
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX closes last session of 2025 on bearish note-DD
2. PSX ends volatile final session lower after briefly crossing 175,000 points-TNS
3. PSX maintains record-setting rally-ET
4. PSX ends historic year with modest fall-ET
5. PSX slips 418 points in volatile session-DTS
6. KSE-100 ends year’s last session in red after touching 175,000-BR
7. Rupee gains 3 paisa against US dollar-DTS
8. Rupee closes slightly higher-TN
9. Pakistani rupee loses Rs1.75 against dollar in 2025-PK
10. SBP releases daily interbank currency exchange rates – December 31, 2025-PK
11. Gold prices fall by Rs2,500 per tola-TNS
12. Today’s Gold and Silver Prices in Pakistan – December 31, 2025-PK
13. Pakistan gold prices extend losses, end 2025 at Rs456,962 per tola-PK
14. Gold prices fall by Rs 2,500 per tola to Rs 456,962-DTS
15. Gold soars Rs184,000/tola in 2025-ET
16. Pakistan Gold today price & History with search of any date
17. Pakistan Silver today price & History with search of any date
18. World Gold & SIlver Prices Live and Gold Price World Price History
19. World Silver & Gold Price Live and Silver History (USD)
20. Sugar industry calls for swift deregulation-ET
21. FIA & ETPB action: KCA says not fixing cotton spot rates since Dec 13th-BR
22. FIA & ETPB action: KCA says not fixing cotton spot rates since Dec 13th-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Petrol price cut by Rs10.28, HSD’s by Rs8.57-BR
2. Pakistan cuts petrol price by Rs10.28 per litre to start 2026-PK
3. Petrol price slashed by Rs10.28, diesel by Rs8.57 for next fortnight-DD
4. Petrol price slashed by Rs10.28/litre-TN
5. Govt cuts petrol, diesel prices as New Year relief-TNS
6. LPG price increased by Rs10.68-BR
7. Govt raises LPG price by Rs10.69 per kg-TN
8. A blueprint of energy sector-TN
9. SNGPL, WAPDA, Ghani open President’s Trophy campaign with victories-TN
10. Refineries warn of shutdowns as OMCs cut uplift of local products-TNS
11. Power Division claims tariff cuts, Rs3.4tr relief in 2025 reset-TNS
12. Rs3.23/unit surcharge to clear loans taken for paying off circular debt not part of power tariff-TN
13. Use of RLNG: Nepra quizzes CPPA-G-BR
14. Thatta Cement approves 7.5MW wind power project-BR
15. Power tariff likely to be cut by Rs0.72-ET
16. Govt rings in New Year with Rs10.28 per litre petrol cut-ET
17. Household LPG prices jump Rs126 from Jan 1-DTS
18. Electricity prices likely to fall under monthly adjustment-DTS
19. PM orders major penalty: FBR demotes BS-20 IRS officer over inefficiency, misconduct-PK
Weather Updates
2. Islamabad Weather Update: Thunderstorm Expected on January 1, 2026-PK
3. Siberian winds likely from 4th: Light rainfall brings change in weather conditions-BR
4. Snowfall blankets Kalam, draws tourists to five-day snow festival-TN
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Pakistan finalises ‘National Vaccine Policy’-BR
2. Pharma industry seeks faster approvals, transparent rules in talks with health minister-TNS
Interesting, Motivational & Exemplary
Basheer Juma-Family Business Constitution مشترکہ خاندانی کاروبار کے دستور کا مسودہ
Other Pakistan
1. New Year security: Lawbreakers will be dealt with iron hand: CCPO-BR
2. KSA’s security reaffirmed: Pakistan concerned at resurgence of violence in Yemen-BR
3. LHC moved against Ownership of Property Act-BR
4. NADRA introduces facial recognition for biometric verification-PK
5. WhatsApp launches festive features for new year-DTS
6. PAL to host literary dialogue with Farrukh Sohail Goindi-APP
7. PM Shehbaz, FM Dar hold talks with UAE, Saudi Arabia leaders=TN
8. CJP calls four JCP meetings this month to confirm 37 additional HC judges-TNS
9. Pakistan expresses complete solidarity with Saudi Arabia-TNS
10. SC rejects bail plea in passerby killing during cross-firing case-TNS
11. Meaningful dialogue limited due to political polarisation: PILDAT-TNS
12. LHC benches decide 173,000 cases in 2025-TNS
13. PM Shehbaz, Saudi Crown Prince discuss regional developments, stress peace through dialogue-TN
14. PM Shehbaz, MBS stress peace through dialogue, diplomacy-TN
15. 'First high-level contact since May standoff': Indian FM shakes hands with NA speaker at Khaleda Zia's funeral-TN
16. Shehbaz, MBS discuss regional situation, current developments-TNS
17. MPAs oppose federal appointments to Punjab institutions-TNS
18. 14 killed in Jhang bus-van collision-TNS
19. Any violation of territorial integrity to be met with decisive response: CDF-TN
20. Two ECP officials released on bail in illegal recruitment case-TNS
21. CCD’s operations help Punjab see major drop in crime during 2025-TNS
22. NAB recovers over Rs6tr in landmark 2025 performance-TNS
23. Aleem Khan extends New Year greetings, reaffirms resolve for unity & peace-TN
24. 204 govt services go online as E-Biz Portal expands-TN
25. N-25 highway to be completed in two years: Aleem Khan-TN
26. NA speaker offers condolences on Khaleda Zia’s death in Dhaka-TN
27. Pakistan expresses solidarity with KSA, concerned over renewed violence in Yemen-TN
28. NA speaker’s Dhaka visit sees rare Pak-India contact-TN
29. Mohsin Naqvi vows record developments by 2027-DTS
30. NA speaker meets son, daughter of late Khaleda Zia for condolence-APP
31. Pakistan vows decisive response to any territorial violation: Field Marshal-DTS
32. PM stresses need to maintain peace, stability through diplomacy, dialogue-APP
33. Karachi police clamp down on aerial firing-DTS
34. Pak-Afghan trade restarts at Torkham border-DTS
Other International
1. Israeli prime minister discusses possible second strike on Iran with Trump-TN
2. Gasperini awaits emotional return to Atalanta-ET
3. From strategic margins to global relevance-ET
4. FO voices concern over Yemen violence
5. Seoul to host New Year countdown event on Gwanghwamun Square-APP
6. Shehbaz, MBS reaffirm strong bilateral ties-ET
7. Putin wishes Russians victory in Ukraine in New Year speech-ET
8. Shehbaz, Crown Prince discuss Ummah unity and diplomacy-DTS
9. Norway’s crown princess to undergo Lung transplant-DTS
10. Air China orders 60 Airbus jets in $9.5B deal'-DTS
11. India initiates first high-level contact since May war-DTS
12. Saudi Cabinet approves energy MoU with Pakistan-DTS
13. PM Shehbaz, Saudi Crown Prince discuss regional developments, stress peace through dialogue-APP
The below news items are extracted after sending yesterday email:
(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), Express Tribune (ET), The News (TNS), The Nation (TN) & Associated Press of Pakistan (APP)] and
(B) Three other Business Websites [Pakistan Revenue (PK), Profit Pakistan Today (PPT) & Daily Times (DTS)]
(C) The above areas are covered by average 5 specialized team members, covering about 16 hours per day at different timing slots, under the Leadership of Mr Asif S Kasbati (FCA, FCMA & LLB).
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Kasbati & Co Team
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